Posts Tagged ‘Canada Government’

Government Auctions – Gain a Competitive Advantage as an eBay Seller

Friday, April 24th, 2009
by JD Robbins

Selling merchandise on eBay has been recognized as one of the top ways to sell products and establish a lucrative online home based business. A few years ago it was fairly easy to make money this way, however, over the years eBay has become over populated with sellers, making it even more challenging to find products that are not saturated on eBay and inexpensive enough to make a decent profit from. When you use an online supplier, you have a disadvantage compared to other eBayer’s, because many receive volume discounted pricing on merchandise that you would have to compete against.

Here is a way you can have a competitive advantage and make much higher profit margins then long time eBayers. The government collects millions of items through many diverse sources such as bankruptcies, unpaid taxes, repossessed items, unclaimed items or government surplus that they simply want to quickly get rid of. These items are sold either live at a local US or Canada government auction or online from a government web site. Since these items don’t bare a cost to the government, they aren’t concerned about selling at high markups like a wholesaler is, so you can buy merchandise for far less then what they are worth.

Purchasing products at government auctions means you are buying goods that are not only unique but are deeply discounted as well. These auctions have a extensive range of items that are great for selling on eBay including items such as jewelry, electronics, office equipment, etc. There are also numerous new or near new items existing in sizeable quantities which means less time adding items in eBay. To give an example, at a government auction I recently attended someone bought 11 ATM machines for $45 each which they sold for $467 each and another person bought 43 digital cameras for $600 which they auctioned off on eBay for a 700 percent profit.

So if you’ve never sold an item on eBay then I would suggest going to eBay and taking 10 minutes to set-up a free eBay membership (see link below) and entering in a fake item for sale (it’s easy, follow eBay’s guidance). You can do this without physically offering the item for sale. This quick implementation will show you now painless it is to sell items on eBay.

Then go to the Government Auction Review Site below and check which government auction site(s) are the best options to locate government auctions and items listed at each (online and live auctions). Once you learn of the government auction site that will offer access to virtually unlimited merchandise for you to resale, then join that site.

All you have to do now is search for government auction sale items online and/or visit a local live government auction. Then buy items amongst the countless great deals and list them on eBay for a nice profit. Viola, eBay’s complete audience has access to your items and can now bid on them.

My congrats because you have just started what will be a very profitable online business.

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